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    Principles of Macroeconomics
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    Exam 4: The Market Forces of Supply and Demand
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    If a Good Is "Normal," What Will an Increase in Income
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If a Good Is "Normal," What Will an Increase in Income

Question 261

Question 261

Multiple Choice

If a good is "normal," what will an increase in income result in?


A) an increase in supply of that good
B) an increase in the demand for the good
C) a decrease in the demand for the good
D) a lower market price

Correct Answer:

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